C-19 - Cities and Towns Act

Full text
66. The council of a municipality having a population of at least 50,000 souls may grant by by-law to every person who has held office as a member of the council for twelve years or more, and who has ceased to hold such office after 1 January of the year in which the by-law is passed, an annual pension of $1,500 payable in equal and consecutive instalments on the first day of each month. The repeal of such a by-law cannot be set up against persons respecting whom it applies or has already applied.
In order to benefit from such pension payments, the members of the council must pay into the general administration fund a contribution equal to 5% of their annual remuneration for each of the last five years, or for the period since taking office in the case of those who have held office for less than five years.
If a councillor or the mayor does not hold office for twelve years, the amounts so paid shall be reimbursed to him without interest.
Such pension shall be increased by $500 for each year or part of a year during which such person has held the office of mayor, but it shall in no case exceed $5,000.
Such pension shall be unassignable and unseizable.
The payment of such pension shall be suspended during any period when the beneficiary holds, temporarily or permanently, any charge, office or situation involving remuneration paid by the municipality.
In computing any such period of twelve years, a part of a year shall be counted as a full year.
In no case may the council of a municipality adopt a by-law, after 12 December 1974, to grant a pension pursuant to this section.
1968, c. 55, s. 24; 1988, c. 85, s. 84.
66. The council of a municipality having a population of at least 50 000 souls may grant by by-law to every person who has held office as a member of the council for twelve years or more, and who has ceased to hold such office after the first of January of the year in which the by-law is passed, an annual pension of $1 500 payable in equal and consecutive instalments on the first day of each month. The repeal of such a by-law cannot be set up against persons respecting whom it applies or has already applied.
In order to benefit from such pension payments, the members of the council must pay into the general administration fund a contribution equal to 5% of their annual remuneration for each of the last five years, or for the period since taking office in the case of those who have held office for less than five years.
If a councillor or the mayor does not hold office for twelve years, the amounts so paid shall be reimbursed to him without interest.
Such pension shall be increased by $500 for each year or part of a year during which such person has held the office of mayor, but it shall in no case exceed $5 000.
Such pension shall be unassignable and unseizable.
The payment of such pension shall be suspended during any period when the beneficiary holds, temporarily or permanently, any charge, office or situation involving remuneration paid by the municipality.
In computing any such period of twelve years, a part of a year shall be counted as a full year.
1968, c. 55, s. 24.